Warrior Met Coal (NYSE:HCC) Issues Earnings Results

Warrior Met Coal (NYSE:HCC) issued its quarterly earnings results on Wednesday. The company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.40 by $0.25, FiscalAI reports. Warrior Met Coal had a return on equity of 10.18% and a net margin of 13.05%.The company had revenue of $509.69 million for the quarter, compared to the consensus estimate of $488.46 million. During the same period in the previous year, the business posted $0.11 EPS. The company’s revenue for the quarter was up 71.3% on a year-over-year basis.

Here are the key takeaways from Warrior Met Coal’s conference call:

• Blue Creek drove a major earnings inflection: Second-quarter sales volume rose 65% year over year to a record 3.7 million short tons, while adjusted EBITDA increased 193% to $157 million and adjusted EBITDA margin expanded to 31%.
• Warrior generated $103 million of free cash flow in the quarter, bringing first-half free cash flow to positive $11 million after completing Blue Creek development spending. Management said the shift toward cash generation could support increased shareholder returns, including potential buybacks.
• The company raised full-year 2026 production and sales guidance by 0.5 million tons, including 5 million tons of Blue Creek sales, 90% of which is already contracted; management continues to target maximizing the mine’s production capacity over time.
• Management expects coking coal prices to remain range-bound below the supply-driven highs seen earlier in 2026, with suppressed second-tier relativities and elevated freight and demurrage costs potentially pressuring second-half net selling prices, profitability, and free cash flow.
• Although Blue Creek is lowering unit costs, the company anticipates several dollars per ton of possible cost inflation in the second half from materials, supplies, and fuel, while recurring 2026 capital expenditures are expected at roughly $130 million to $150 million including Blue Creek.

Warrior Met Coal Price Performance

HCC stock traded up $1.80 during trading on Friday, hitting $91.42. 389,742 shares of the stock traded hands, compared to its average volume of 874,757. The stock has a market cap of $4.83 billion, a price-to-earnings ratio of 22.01 and a beta of 0.65. Warrior Met Coal has a one year low of $54.66 and a one year high of $110.39. The company has a current ratio of 3.48, a quick ratio of 2.42 and a debt-to-equity ratio of 0.11. The company has a 50 day simple moving average of $86.73 and a 200 day simple moving average of $88.06.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, August 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.4%. Warrior Met Coal’s dividend payout ratio (DPR) is 12.21%.

Analysts Set New Price Targets

Several research firms recently commented on HCC. Wall Street Zen cut shares of Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Citigroup reiterated a “buy” rating on shares of Warrior Met Coal in a research note on Wednesday, June 10th. B. Riley Financial upped their price target on Warrior Met Coal from $117.00 to $123.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. UBS Group decreased their price objective on Warrior Met Coal from $100.00 to $98.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Zacks Research upgraded Warrior Met Coal from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Warrior Met Coal has an average rating of “Moderate Buy” and an average target price of $102.60.

Insider Buying and Selling

In related news, insider Kelli K. Gant sold 20,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $110.00, for a total transaction of $2,200,000.00. Following the completion of the sale, the insider directly owned 67,775 shares of the company’s stock, valued at $7,455,250. This trade represents a 22.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HCC. State Street Corp raised its stake in shares of Warrior Met Coal by 25.2% in the second quarter. State Street Corp now owns 4,099,070 shares of the company’s stock worth $187,860,000 after acquiring an additional 825,807 shares during the last quarter. Adage Capital Partners GP L.L.C. lifted its holdings in Warrior Met Coal by 130.4% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,889,025 shares of the company’s stock worth $86,574,000 after buying an additional 1,069,025 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Warrior Met Coal by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,833,578 shares of the company’s stock valued at $116,687,000 after buying an additional 5,077 shares during the last quarter. Maple Rock Capital Partners Inc. increased its stake in shares of Warrior Met Coal by 12.0% in the 4th quarter. Maple Rock Capital Partners Inc. now owns 1,637,238 shares of the company’s stock valued at $144,355,000 after buying an additional 175,500 shares during the period. Finally, UBS Group AG raised its position in shares of Warrior Met Coal by 219.2% during the third quarter. UBS Group AG now owns 1,554,071 shares of the company’s stock worth $98,901,000 after acquiring an additional 1,067,247 shares during the last quarter. 92.28% of the stock is owned by institutional investors.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.